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Topic: Why I am focousing more on $ALTS than Bitcoin - page 5. (Read 777 times)

full member
Activity: 726
Merit: 100
no, I only focus on a few altcoins that really have the best potential, not all of the altcoins I made a choice.
yes because the potential for altcoins that have the potential if they experience a pump will fly high like bitcoin, with low prices but the potential price will soar. doesn't that make people feel excited about owning altcoins
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
@OP maybe you can be more specific about which ALTS you mean because currently there are more than 6000 Altcoins in circulation.

focusing on Bitcoin or on Alts is equally beneficial. In essence, you must be sure of the crypto asset you choose, always sell it when it is made a profit.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
This is new, I usually see a Bitcoin Technical Analysis from you, good thing you've touch altcoins already.
Well, I like altcoins as well, but I am not trading them short term, I am just a kind of hold and sell person when it comes to treating my altcoins.

But since altcoins is a big market, I'd appreciate if you could share some specific altcoins that could possibly have a bullish trend in short term.
full member
Activity: 1848
Merit: 158
Whenever the dominance of bitcoin decreases the price of it increases which also affects the altcoin price to increases which means altcoin's market caps are increased.So there is no reason to skip one for another it is better to invest on both but bitcoin is just a single coins where as alts is combinations of thousands of tokens and coins its really hard which one to choose particularly.

Investing in both, bitcoin and altcoin will give you good results if you know how to handle your trading skills. When it comes to altcoin, this will be a difficult one as there are so many alts to choose from. You need to choose wisely when it comes to alts because most of them are only short-lived so in my opinion, better stick to established alts with promising developments on the way. At least you can never go wrong that they will still be in the market even after few months of holding.
member
Activity: 854
Merit: 10
It has mainly been alternating between bitcoin and and altcoins. If BTC is pumping, alts suffer, but if alts are slumping, reverse will be the case of Bitcoin.So, these should be one of the parameters used is making decisions sometimes, although, not enough.
full member
Activity: 1498
Merit: 146
Whenever the dominance of bitcoin decreases the price of it increases which also affects the altcoin price to increases which means altcoin's market caps are increased.So there is no reason to skip one for another it is better to invest on both but bitcoin is just a single coins where as alts is combinations of thousands of tokens and coins its really hard which one to choose particularly.
sr. member
Activity: 1313
Merit: 302


Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.


Their will be two types of traders. One will purely focus on bitcoin. The mindset of such people will like should not lose their money at any point. Because the price of bitcoin always make some little pump at all stage. Second will focus on the major and reputation altcoin. Like Ethereum, Litecoin, Ripple. Many of Ethereum holding traders had gained huge on this Eth pump.
legendary
Activity: 2534
Merit: 1338
Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
The market off altcoins has been presenting significant growth over the past weeks and while bitcoin has grown as well it has lost several points when it comes to its dominance so it is clear that the current growth in the market is altcoin driven, so you are not wrong when you say that you are putting more attention to altcoins than bitcoin, just remember that the market moves in cycles and just as altcoins can outperform bitcoin there are very long cycles in which bitcoin is the one that outperforms altcoins.
full member
Activity: 1260
Merit: 103
many are more focused on altcoins than bitcoin the reason is because the price of bitcoin is too high and it's hard to get 100% profit, It's different from altcoins, many altcoins have the potential to increase up to many times if have good prospects
legendary
Activity: 2450
Merit: 1225
Any reason why you are focusing into "Altcoin" instance "Bitcoin" when waiting bitcoin moving on the next target.

So far I know, when bitcoin has some movement going to the next rally or down movement, the altcoin market will be going disaster and red blood market. That's why holding altcoin when bitcoin doing a rally was really not a good option. Most of us will enter on altcoin when after bitcoin reached the next target with sideways situation maybe around a few weeks or more than a month. If the market bitcoin still really sideways, that's could be make some time altcoin gained to adjustable their price because the rally of bitcoin when makes their price down.
sr. member
Activity: 2002
Merit: 250
Bitcoin has gone up in a few months, and the dominance of bitcoin has also gone up high,
and it's time for altcoins to show that altcoin is a worthy investment, altcoin season is coming, don't miss it.
sr. member
Activity: 1330
Merit: 326
What altcoins do you usually trade?

Because I do both, bitcoin trading and altcoin trading, too. If you have  better results and gains in altcoin trading, then it is good for you. Though we can't deny the fact that both btc and alts trading has a risks of market manipulation.

Some also said that altcoin charts is easier to predict and read than bitcoin. Perhaps, it can be. But for me, if we have the same way of reading it with a good tools, whether it can be bitcoin or altcoins then we can do better trades.
member
Activity: 280
Merit: 43


Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends.

Let's wait the fixation above 12k$ & Alts Market Cap outflow.
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